THE CONDO BOOK PROJECT

184 Russell Condominium

184 Russell Street, Brooklyn, NY 11222

Overview

Units
2 residential
Subway
9 min walk to Nassau Av GGreenpoint Av G, 14 min
Offering price
$4.88 million total $4.04 million when first offered

The sponsor of record is Russell Realty 88 LLC, represented by Law Offices Of Hershy Itzkowitz, P.C.. The sponsor has filed 1 amendment, the latest in April 2017. The nearest other condo plan on file is 235 North Henry Street Condominium, next door.

Plan CD160054 · New · accepted Aug 12, 2016 · AG record ↗

Closings Pro

Homes closed100% of the homes in the plan2 of 2
Closingsfirst and latest recordedMay 12, 2017 – May 15, 2017

Sales recorded with the Department of Finance (ACRIS) through May 31, 2021: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 2 closings
HomeRecordedClosing priceSchedule ADifference
1May 12, 2017$1,695,000——
2May 15, 2017$2,511,406——

Pro

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Team

Sponsor
Russell Realty 88 LLC
Construction lender
East West BankLender on the mortgage and building loan agreement recorded February 2016 in ACRIS; $1.62 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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